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10.5¢ atlas pearls ltd

Ann: Trading Update, page-40

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EarlySession

437 Posts.

285

19/01/22

07:14

Post #: 58962827
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Originally posted by tim000: ↑

Hello ES
I don’t have short-term share price targets, I invested here in the summer because the company is well managed, the share price looked too depressed relative to the short-term outlook for profits, and the new harvesting policy promised a sustained recovery in pearl size, etc. Also, costs are very well contained, the company will finish repaying its shareholder loan later this year, and surplus cash flow will then allow the business to reinstate a generous dividend. So lots of positives to drive the share price higher over time. Your figure of 14c looks optimistic, but based on the outlook for cash flow in 2022, I can see the share price doubling this year.

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Thanks Tim, appreciate the info, surprised you only see it doubling by Dec 22. Is there something specific holding it back from reaching historic highs?

ATP Price at posting: 3.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 10.5¢		Change 0.005(5.00%)		Mkt cap ! $45.53M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.5¢	$102.7K	948.7K

Buyers (Bids)

No.	Vol.	Price($)
2	18151	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	275000	3

View Market Depth

No.	Vol.	Price($)
2	18151	0.105
15	964909	0.100
2	15204	0.098
2	358400	0.097
1	20000	0.096

Price($)	Vol.	No.
0.115	275000	3
0.120	252776	8
0.125	208036	7
0.130	178795	4
0.135	512179	5

Last trade - 15.52pm 03/05/2024 (20 minute delay)


Last 10.5¢			Change 0.005 ( 2.44 %)
Open	High		Low	Volume
10.5¢	11.0¢		10.5¢	25384
Last updated 15.52pm 03/05/2024 ?

ATP (ASX) Chart